Magnetar funds trim CoreWeave (CRWV) stake with 2.15M-share open-market sale
Rhea-AI Filing Summary
CoreWeave, Inc. reported that investment entities associated with Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman filed a Form 4 for indirect open-market sales of Class A Common Stock on August 12, 2026. Across 24 transactions, these entities sold a total of 2,147,871 shares of CoreWeave Class A Common Stock at weighted average prices of $107.64 and $108.16 per share, within price ranges from $107.00 to $108.64. The shares were held by various Magnetar-managed funds, and each Magnetar entity and Mr. Snyderman disclaim beneficial ownership beyond their respective pecuniary interests.
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Insights
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Insider Trade Summary
Net Seller: 2,147,871 shares
Net Sell
25 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
2,147,871 shs ($231.60M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F3, F4, F5, F6 | 107,538 | $107.64 | $11.58M |
| Sale | Class A Common Stock F2, F3, F4, F5, F6 | 61,199 | $108.16 | $6.62M |
| Sale | Class A Common Stock F1, F3, F4, F5, F7 | 367,433 | $107.64 | $39.55M |
| Sale | Class A Common Stock F2, F3, F4, F5, F7 | 209,134 | $108.16 | $22.62M |
| Sale | Class A Common Stock F1, F3, F4, F5, F8 | 184,794 | $107.64 | $19.89M |
| Sale | Class A Common Stock F2, F3, F4, F5, F8 | 105,180 | $108.16 | $11.38M |
| Sale | Class A Common Stock F1, F3, F4, F5, F9 | 50,906 | $107.64 | $5.48M |
| Sale | Class A Common Stock F2, F3, F4, F5, F9 | 28,986 | $108.16 | $3.14M |
| Sale | Class A Common Stock F1, F3, F4, F5, F10 | 4,979 | $107.64 | $536K |
| Sale | Class A Common Stock F2, F3, F4, F5, F10 | 2,834 | $108.16 | $307K |
| Sale | Class A Common Stock F1, F3, F4, F5, F11 | 107,386 | $107.64 | $11.56M |
| Sale | Class A Common Stock F2, F3, F4, F5, F11 | 61,114 | $108.16 | $6.61M |
| Sale | Class A Common Stock F1, F3, F4, F5, F12 | 147,418 | $107.64 | $15.87M |
| Sale | Class A Common Stock F2, F3, F4, F5, F12 | 83,914 | $108.16 | $9.08M |
| Sale | Class A Common Stock F1, F3, F4, F5, F13 | 44,878 | $107.64 | $4.83M |
| Sale | Class A Common Stock F2, F3, F4, F5, F13 | 25,541 | $108.16 | $2.76M |
| Sale | Class A Common Stock F1, F3, F4, F5, F14 | 157,192 | $107.64 | $16.92M |
| Sale | Class A Common Stock F2, F3, F4, F5, F14 | 89,470 | $108.16 | $9.68M |
| Sale | Class A Common Stock F1, F3, F4, F5, F15 | 101,877 | $107.64 | $10.97M |
| Sale | Class A Common Stock F2, F3, F4, F5, F15 | 57,980 | $108.16 | $6.27M |
| Sale | Class A Common Stock F1, F3, F4, F5, F16 | 78,040 | $107.64 | $8.40M |
| Sale | Class A Common Stock F2, F3, F4, F5, F16 | 44,421 | $108.16 | $4.80M |
| Sale | Class A Common Stock F1, F3, F4, F5, F17 | 16,352 | $107.64 | $1.76M |
| Sale | Class A Common Stock F2, F3, F4, F5, F17 | 9,305 | $108.16 | $1.01M |
| holding | Class A Common Stock F3, F4, F5, F18 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 7,257,988 shares (Indirect, Footnotes)
Footnotes (18)
- F1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $107.00 to $107.90, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnote 2.
- F2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $108.00 to $108.64, inclusive.
- F3. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity 2 LP, CW Opportunity LLC, Longhorn Special Opportunities Fund LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, and Purpose Alternative Credit Fund - T LLC, the general partner of Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund (They are not separate legal entities) and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").
- F4. Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The administrative manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
- F5. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein.
- F6. These securities are held directly by CW Opportunity 2 LP.
- F7. These securities are held directly by CW Opportunity LLC.
- F8. These securities are held directly by Longhorn Special Opportunities Fund LP.
- F9. These securities are held directly by Magnetar Alpha Star Fund LLC.
- F10. These securities are held directly by Magnetar Capital Master Fund, Ltd.
- F11. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
- F12. These securities are held directly by Magnetar Lake Credit Fund LLC.
- F13. These securities are held directly by Magnetar SC Fund Ltd.
- F14. These securities are held directly by Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund. They are not separate legal entities.
- F15. These securities are held directly by Magnetar Xing He Master Fund Ltd.
- F16. These securities are held directly by Purpose Alternative Credit Fund - F LLC.
- F17. These securities are held directly by Purpose Alternative Credit Fund - T LLC.
- F18. These securities are held directly by Magnetar Longhorn Fund LP.
Key Figures
Total shares sold: 2,147,871 shares
Weighted average sale price (block 1): $107.64 per share
Weighted average sale price (block 2): $108.16 per share
+2 more
5 metrics
Total shares sold
2,147,871 shares
Aggregate non-derivative Class A Common Stock sales on August 12, 2026
Weighted average sale price (block 1)
$107.64 per share
Sales executed within $107.00–$107.90 price range
Weighted average sale price (block 2)
$108.16 per share
Sales executed within $108.00–$108.64 price range
Number of sale transactions
24
Count of non-derivative sales of Class A Common Stock reported
Transaction date
August 12, 2026
All reported non-derivative sales occurred on this date
Key Terms
weighted average price, beneficial ownership, pecuniary interest, indirect ownership, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"disclaims beneficial ownership of these shares of Common Stock of the Issuer"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein."
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "Footnotes""
investment adviser financial
"Magnetar Financial LLC serves as the investment adviser to each of"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
What insider activity did Magnetar entities report for CoreWeave (CRWV)?
Magnetar-associated entities reported indirect open-market sales of CoreWeave Class A Common Stock on August 12, 2026. They executed 24 transactions totaling 2,147,871 shares, with prices in the $107.00–$108.64 range, through multiple Magnetar-managed funds.
Were the CoreWeave (CRWV) sales by Magnetar reported as direct or indirect holdings?
All reported sales involved indirect ownership interests held through various Magnetar-managed funds. The filing notes that Magnetar entities and David J. Snyderman disclaim beneficial ownership of the CoreWeave shares except to the extent of their pecuniary interests.
Did the Magnetar CoreWeave (CRWV) Form 4 involve any derivative securities?
No derivative transactions were reported. The filing lists only non-derivative sales of Class A Common Stock, and the derivative position summary shows zero derivative transactions and no derivative holdings reported in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.